MXC Mexco Energy
Mexco Energy Corp. operates as an independent oil and gas company, which engages in the acquisition, exploration, development, and production of natural gas properties and crude oil. The firm focuses on the Midland Basin located in Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties; and Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico, and Loving County. The company was founded in April 1972 and is headquartered in Midland, TX.
Company profile
Ticker
MXC
Exchange
Website
CEO
Nicholas C. Taylor
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
840627918
MXC stock data
()
News
Australis, CV Sciences And MedMen Among Top Cannabis Stock Movers On July 9, 2021
9 Jul 21
60 Biggest Movers From Yesterday
29 Jun 21
Tilray, KushCo And Aurora Among Top Cannabis Stock Movers On June 28, 2021
28 Jun 21
44 Stocks Moving In Monday's Mid-Day Session
28 Jun 21
24 Stocks Moving in Monday's Pre-Market Session
28 Jun 21
Calendar
25 Jun 21
30 Jul 21
31 Mar 22
Financial summary
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Annual (USD) |
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Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 25 Jul 21 | Tammy Mccomic | STOCK OPTIONS COMMON STOCK | Grant | Aquire A | No | No | 8.51 | 25,000 | 212.75K | 122,000 |
| 14 Jul 21 | Michael J Banschbach | MXC COMMON STOCK | Sell | Dispose S | No | No | 11.0165 | 2,000 | 22.03K | 4,000 |
| 14 Jul 21 | Michael J Banschbach | MXC COMMON STOCK | Sell | Dispose S | No | No | 10.325 | 2,000 | 20.65K | 6,000 |
| 14 Jul 21 | Michael J Banschbach | MXC COMMON STOCK | Option exercise | Aquire M | No | No | 7 | 4,000 | 28K | 8,000 |
| 14 Jul 21 | Michael J Banschbach | STOCK OPTIONS COMMON STOCK | Grant | Aquire A | No | No | 7 | 4,000 | 28K | 4,000 |
| 9 Jul 21 | Michael J Banschbach | MXC COMMON STOCK | Sell | Dispose S | No | No | 10 | 2,000 | 20K | 8,000 |
| 9 Jul 21 | Michael J Banschbach | MXC COMMON STOCK | Option exercise | Aquire M | No | No | 7 | 2,000 | 14K | 10,000 |
| 9 Jul 21 | Michael J Banschbach | STOCK OPTIONS COMMON STOCK | Grant | Aquire A | No | No | 7 | 2,000 | 14K | 8,000 |
| 6 Jul 21 | Tammy Mccomic | MXC COMMON STOCK | Sell | Dispose S | No | No | 10.5 | 3,000 | 31.5K | 66,965 |
| 6 Jul 21 | Tammy Mccomic | MXC COMMON STOCK | Option exercise | Aquire M | No | No | 7 | 3,000 | 21K | 69,965 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
0.7% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 5 |
| Opened positions | 1 |
| Closed positions | 1 |
| Increased positions | 1 |
| Reduced positions | 2 |
13F shares |
Current |
|---|---|
| Total value | 84K |
| Total shares | 14K |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Renaissance Technologies | 11K | $66K |
| MS Morgan Stanley | 2.5K | $15K |
| UBS UBS Group AG - Registered Shares | 455 | $3K |
| Inspire Advisors | 44 | $0 |
| WFC Wells Fargo & Co. | 5 | $0 |
| Proequities | 0 | $0 |
Financial report summary
?Management Discussion
- We had net income of $155,932 for the year ended March 31, 2021 compared to a net loss of $99,478 for the year ended March 31, 2020. This is primarily the result of an increase in natural gas sales and a decrease in operating expenses partially offset by a decrease in oil sales as further explained below.
- Production and exploration. Production costs were $871,963 in fiscal 2021, a 5% decrease from $914,649 in fiscal 2020. This was primarily the result of a decrease in lease operating expenses due to numerous wells being shut-in during the month of May 2020 as well as cost cutting measures being implemented by the operators because of the depressed oil prices.
Content analysis
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| Negative | ||
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| Litigous | ||
| Readability |
8th grade Avg
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New words:
accessibility, analytical, Biden, Blackbeard, blocking, captured, Chartered, communicated, communicating, communication, confirming, construction, costly, counterparty, creditworthy, cure, cutting, Department, deteriorate, deterioration, discharge, earlier, effort, enforcement, exposure, facilty, forward, globe, handling, hereto, hierarchy, identical, indefinitely, input, Interior, judge, knowledge, lockdown, lowest, Middle, mobilized, moratorium, observable, ORRI, outweigh, prioritized, Profile, Prospect, publicly, published, recurring, reopening, repeated, sample, SBA, Science, skill, span, stable, subsidize, Tackle, trend, undue, unexercised, unobservable, unrealized, Unsettled
Removed:
call, concentrate, Concho, conclusively, Ector, lawsuit, maintenance, Marathon, marginal, Mewbourne, Paul, proceeding, profitable, pumping, revision, revolving, room, selling, unprofitable, venture, Ward
Financial reports
10-K
2021 FY
Annual report
25 Jun 21
10-Q
2021 Q3
Quarterly report
10 Feb 21
10-Q
2021 Q2
Quarterly report
5 Nov 20
10-Q
2021 Q1
Quarterly report
6 Aug 20
10-K
2020 FY
Annual report
26 Jun 20
10-Q
2020 Q3
Quarterly report
12 Feb 20
10-Q
2020 Q2
Quarterly report
13 Nov 19
10-Q
2020 Q1
Quarterly report
14 Aug 19
10-K
2019 FY
Annual report
24 Jun 19
10-Q
2019 Q3
Quarterly report
12 Feb 19
Current reports
8-K
Mexco Energy Corporation Reports Financial Results for Fiscal 2021
25 Jun 21
8-K
Mexco Energy Corporation Reports Financial Results for the Third Quarter
10 Feb 21
8-K
Mexco Energy Corporation Reports Financial Results for Second Quarter and Development of Properties
5 Nov 20
8-K
Submission of Matters to a Vote of Security Holders
11 Sep 20
8-K
Mexco Energy Corporation Reports Financial Results for First Quarter and Future Plans
6 Aug 20
8-K
Mexco Energy Corporation Reports Financial Results for Fiscal 2020
28 Jun 20
8-K
Mexco Energy Corporation Reports Financial Results for the Third Quarter and New Properties
12 Feb 20
8-K
Mexco Energy Corporation Reports Financial Results for First Quarter and Development of Properties
13 Nov 19
8-K
Submission of Matters to a Vote of Security Holders
16 Sep 19
8-K
Mexco Energy Corporation Reports Financial Results for First Quarter and Development of Properties
13 Aug 19
Registration and prospectus
S-8
Registration of securities for employees
2 Oct 19
S-8 POS
Registration of securities for employees (post-effective amendment)
22 Jul 13
S-8
Registration of securities for employees
4 Mar 10
S-8
Registration of securities for employees
13 Feb 06
8-A12B
Registration of securities on exchange
4 Sep 03
Proxies
DEF 14A
Definitive proxy
20 Jul 21
DEF 14A
Definitive proxy
21 Jul 20
DEF 14A
Definitive proxy
16 Jul 19
DEF 14A
Definitive proxy
23 Jul 18
DEF 14A
Definitive proxy
23 Jul 17
DEF 14A
Definitive proxy
21 Jul 16
DEF 14A
Definitive proxy
22 Jul 15
DEF 14A
Definitive proxy
23 Jul 14
DEF 14A
Definitive proxy
24 Jul 13
DEF 14A
Definitive proxy
19 Jul 12
Other
Ownership
4
MEXCO ENERGY / TAMMY MCCOMIC ownership change
27 Jul 21
4
MEXCO ENERGY / Michael J Banschbach ownership change
15 Jul 21
4
MEXCO ENERGY / Michael J Banschbach ownership change
13 Jul 21
4
MEXCO ENERGY / TAMMY MCCOMIC ownership change
7 Jul 21
4
MEXCO ENERGY / Kenneth L. Clayton ownership change
1 Jul 21
4
MEXCO ENERGY / DONNA GAIL YANKO ownership change
1 Jul 21
4
MEXCO ENERGY / DONNA GAIL YANKO ownership change
27 Apr 21
4
MEXCO ENERGY / Michael J Banschbach ownership change
12 Apr 21
4
MEXCO ENERGY / Kenneth L. Clayton ownership change
12 Apr 21
4
MEXCO ENERGY / DONNA GAIL YANKO ownership change
5 Apr 21
Reddit threads
Morning Update for Monday, 06/28/21
28 Jun 21
Daily Discussion Thread - June 25th, 2021
25 Jun 21
Daily Discussion Thread - June 24th, 2021
24 Jun 21
Daily Discussion Thread - June 23rd, 2021
23 Jun 21
Daily Discussion Thread - June 22nd, 2021
22 Jun 21
Any stock at a huge discount?
10 Jun 21
Weekend Discussion Thread
4 Jun 21
Morning Market Commentary - June 3, 2021
3 Jun 21
Can somebody please explain this to me. so the coin just got listed. highest is $19, now the price is 0.19. why is it +283%? this is for all new coins listed in pretty much any exchange I see.
20 May 21
Daily General Discussion and spitballin thread - May 09, 2021
9 May 21